NOT LISTED FOR SALE

3761 Olive Ave Long Beach, CA 90807

California Heights Neighborhood

Estimated Value: $1,187,000 - $1,372,957

4 Beds
4 Baths
1,958 Sq Ft
$644/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2018

Last sale price $917,500 $469 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,971 / mo

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Air
  • Longfellow Elementary School Rated A-
  • Neighborhood Views
  • Back Yard

About This Home

As of August 2018

Mid-Century Modern | 2 homes on a huge lot, elegant and move-in ready, nestled in desirable and historic Cal Heights. The front home features 3 bedrooms, each with their own en-suite full bathroom. Spacious open floor plan with remodeled kitchen featuring granite counter tops and plenty of storage. Other quality upgrades include copper plumbing, central air, sprinkler system, and a tankless water heater. Attached 2 car garage has additional storage in the attic. Both units feature new windows, newer roofs, new carpet, and wood floors. The back house is an over-sized 1 bedroom, 1 full bath, full kitchen, spacious dining area, and amazing walk-in closet. Mini-split wall-mounted air conditioning units in bedroom and living room. Spacious backyard with fruit trees. This is a fantastic property in a great neighborhood near Longfellow Elementary, Hugh Middle, and Poly High School with great income-making potential. This will not last!

Last Agent to Sell the Property

Chanthol Pong

Century 21 On Target License #01367487 Listed on: 07/19/2018

Century 21 On Target

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,755 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,958 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 3725
  • Assessor Parcel Number 7145023034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,755 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: California Heights (CH)
  • View: Yes
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7145023034
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 468.59
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6755.00

Multi Family

  • Gross Scheduled Income: 64800.00
  • Net Operating Income: 64800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5720.01
  • Tax Lot: 30
  • Tax Tract Number: 3725

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 7, 2018
Sold by
Bought by
Seller's Agent
Chanthol Pong
Century 21 On Target
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$850,000
Sold Price
$917,500
Premium/Discount to List
$67,500
7.94%
Current Estimated Value
$1,260,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,989
Avg. Annual Appreciation
4.10%
Original Mortgage
$616,000
Outstanding Balance
$533,856
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$726,633

Purchase Details

Closed on
Aug 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$917,500 Usa National Title Co
-- None Available
-- None Available
-- Advantage Title Inc
-- Advantage Title Inc
-- None Available
$250,000 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $616,000
Previous Owner $405,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $917,500 +7.9% $469 / Sq Ft
07/19/2018 07/19/18 For Sale $850,000 -- $434 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,473 $1,023,484 $669,309 $354,175
2024 $12,888 $1,003,417 $656,186 $347,231
2023 $12,673 $983,743 $643,320 $340,423
2022 $11,892 $964,455 $630,706 $333,749
2021 $11,660 $945,545 $618,340 $327,205
2020 $11,629 $935,850 $612,000 $323,850
2019 $11,492 $917,500 $600,000 $317,500
2018 $4,440 $344,434 $166,707 $177,727
2016 $4,076 $331,062 $160,235 $170,827
2015 $3,916 $326,091 $157,829 $168,262
2014 $3,895 $319,704 $154,738 $164,966
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chanthol Pong

    Century 21 On Target

    Section Image

  • G

    Buyer's Agent in 2018

    General NONMEMBER

    NONMEMBER MRML

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18174245

California Regional Multiple Listing Service (CRMLS)

APN: 7145-023-034

California Los Angeles County Long Beach 90807 California Heights

3761 Olive Ave, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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